§747.401. Scope.
12 C.F.R. § 747.401
The rules and procedures set forth in this subpart and subpart A of this part are applicable to proceedings by the NCUA Board pursuant to section 120(b)(1) of the Act (12 U.S.C. 1766(b)(1)) to suspend or revoke the charter of a solvent Federal credit union, and to place a solvent Federal credit union into involuntary liquidation. To the extent a rule or procedure set forth in subpart A of this part is inconsistent with a rule or procedure set forth in this subpart E, subpart E shall control.
Notes, amendments, and revision history
Amendments
[56 FR 37767, Aug. 8, 1991; 57 FR 523, Jan. 7, 1992]
Authority
Authority: 12 U.S.C. 1766, 1782, 1784, 1785, 1786, 1787, 1790a, 1790d; 15 U.S.C. 1639e; 42 U.S.C. 4012a; Pub. L. 101-410; Pub. L. 104-134; Pub. L. 109-351; Pub. L. 114-74.
Source
Source: 56 FR 37767, Aug. 8, 1991, unless otherwise noted.
Amendments
[56 FR 37767, Aug. 8, 1991; 57 FR 523, Jan. 7, 1992]